that when gambling‚ the odds are stacked against the player. The odds of a college athlete becoming a pro football player are 3‚000 to 1‚ the odds of being struck by lightning are 280‚000 to 1‚ the odds of winning a Powerball jackpot are 140‚000‚000 to 1 (Weinstock). Gambling is a complex and intriguing human activity. It has been in existence for several thousand years. Casinos are now located everywhere and gambling has become a recreational activity for all kinds of people. Gambling can be destructive
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What’s Worse? Many people face various addictions in the world today such as‚ drug‚ alcohol‚ sex‚ eating‚ or gambling addictions. One might ask the question‚ is one addiction more serious than another or are all addictions equally destructive? In particular‚ is an addiction such as gambling as serious as an addiction to drugs or alcohol? Research suggests a gambling addiction is less severe than a drug or alcohol addiction because drug or alcohol addictions are psychological and physical‚ can
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are two elements of Gambling‚ including game of chance and gambling mentality. Chance means people cannot control the outcome of an event but with possibility of winning. Player wagers money on irreversible bet in which the outcome relies on chance. Gambling mentality means the willing to take risk. To gamble on something is to take a risk on something in which the stake is involved. Pathological Approach to problem gambling Problem gambling is defined as pathological gambling under APA DSMVI. Pathological
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SWOT Analysis Strategic Planning and Evaluation April 10‚ 2013 I certify that I have read the assigned material on academic integrity and this paper is an original paper composed by me for this course. It has not been copied or closely paraphrased from any other source and has not been submitted as a whole‚ or in part‚ for credit in any other course at OU or any other educational institution. It has not been created or submitted for any other purpose such as a job assignment at my workplace
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SWOT Analysis BUS/210 SWOT Analysis: “On the Water” A Mediterranean Restaurant Business Plan The business plan I selected is a Mediterranean restaurant that is to be built in on the Sunset Strip in Hollywood. This plan seems fairly reasonable and has a high chance of success. I chose this plan for a couple of reasons. First of all‚ many aspects of this plan are in an area where I have a little bit of experience. Being part of a failing restaurant opens your eyes to many struggles and the
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Rationale Good Morning Judges‚ my topic is gambling and the effects that it has on families. I chose this theme because when gambling problems are thought of in society the attention is often geared towards the emotions of the gambler but not a lot of attention is placed on the family who unfairly tend to suffer as much as the gambler himself. Gambling is the attempt to gain money‚ goods or service without an equal commitment to mutual exchange. In this sense‚ one must lose for another to gain
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Assurance of Learning Exercise 1A‚ (Step 4) A SWOT analysis of McDonalds restaurant industry reveals that they have a lot of strengths‚ weaknesses‚ opportunities and threats. To start 3 strengths would include brand names‚ locations and localized menu options. Brand items of McDonalds keep the competition from copying their products‚ for example‚ the happy meal‚ Big Mac‚ egg McMuffin are all brand name items of McDonalds. McDonalds maintains 42% of the United States hamburger business. Location
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Z. Showers Feb. 13 2013 Yes for Gambling Jackpot! is heard throughout the game room floor. It is followed by wails and screams of excited people all hoping to be the next winner. Do they know that their playing is beneficial to their state and lives of others? For example‚ Mississippi’s roads are a whole lot smoother than Alabama’s because some of the money received from the gambling casinos made it possible. As for the states that declare gambling illegal‚ they are missing out on tax revenues
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Strengths The market of online drinks retailing has grown very strongly these last five years‚ increasing by 123% between 2005 and 2010. Quantitatively‚ the market was valued at £370 million in 2005 and more than £740 million in 2009. More importantly‚ a survey of Mintel assumes that the market will continue to grow in the next five years‚ though more slowly (59%). By the year of 2012‚ which is for our business the year of setting up‚ the market should go past the £1 billion mark.
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3.0 SWOT Analysis 3.1 Strengths (Kerin et al‚ 2009‚ p.46) stated that SWOT analysis is describing an organization’s appraisal of its internal Strengths and Weaknesses and its external Opportunities and Threats. Padini is committed in providing customers with updated fashion wear which are coping with the ever-changing market trend. (Please refer to appendix 1) The Strengths of Padini are that they are very aggressive in term of their advertising strategy. Besides that‚ they have promotional
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